CBRE is pleased to offer the opportunity to acquire Doran Apartments, a 7-unit apartment community located in Boone, Iowa. Boone is located 15 minutes directly west of Ames, home of Iowa State University, and 35 minutes north of the Des Moines MSA.  Built in 1972, Doran Apartments features one studio, two 1BR/1BA, and four 2BR/1BA floor plans. The property also includes 4 detached garages and on-site surface parking.  Address: 823 Doran Drive, Boone, IA 50036 List Price: $425,000 Cap Rate: 8.91% Number of Units: 7 ??????????????Unit Mix: 1-Studio; 2-1BR/1BA; 4-2BR/1BA Average In-Place Rents: $753 Year Built: 1972